[Template] TEAM VISIT REPORT – DEFERRAL REVIEW [Replace with name of INSTITUTION] [Replace with name of SCHOOL] Note: Shaded text is provided for instructional purposes only and should be deleted. I. Team Recommendation The team recommendation reflects the opinion of the Deferral Review Team only. It will be reviewed for concurrence or remanded to the team by the appropriate accreditation committee. The role of the accreditation committee is to ensure consistent application of the AACSB International accreditation standards and processes across peer review teams. Within ten days of receipt of this report, the applicant should send the team any comments and corrections related to factual information noted in this report. A copy should also be sent to the appropriate committee chair in care of the AACSB International office. A. Team Recommendation (Based on the team recommendation, include only one of the following paragraphs): Initial Accreditation: The recommendation of the Deferral Review Team is that the (undergraduate, master’s, and doctoral) degree programs in accounting offered by (Name of Institution) be granted initial accreditation with a Continuous Improvement Review to occur in year five. Concurrence by the Accounting Accreditation Committee and ratification by the Board of Directors are required prior to the confirmation of the accreditation decision. Following ratification by the Board of Directors, the applicant will be notified. The applicant must wait for this official notification before making any public announcement. AACSB International provides a list of applicants achieving accreditation to its members and the public. Denial of Accreditation: The recommendation of the Deferral Review Team is that the (undergraduate, master’s, and doctoral) degree programs in accounting offered by (Name of Institution) be denied initial accreditation. The educational quality issues relating to the accreditation standards are listed below. Concurrence by the Accounting Accreditation Committee and ratification by the Board of Directors are required prior to the confirmation of the accreditation decision. Following ratification by the Board of Directors, the applicant will be notified. Denial of initial accreditation is not announced or communicated by AACSB International to its members or the public. B. Subsequent Review of Team Recommendation 1 [Template] The Accounting Accreditation Committee will review this report, and any response from the applicant, at its next scheduled meeting (normally, provided that the report is received at least three weeks in advance of the meeting). The committee will meet [contact AACSB International for applicable dates]. The Board of Directors will consider for ratification via electronic ballot the team recommendations to extend accreditation or suspend accreditation that have concurrence from the appropriate accreditation committee, as soon as possible after the accreditation committee concurrence. II. Identification of Areas That Must Be Addressed Prior to First Continuous Improvement Review (This section applicable only if Deferral Review Team is recommending Initial Accreditation) The first continuous improvement review will occur in five years . With this in mind, the [Name of Business/Accounting Academic Unit] should closely monitor the following items and incorporate them in your ongoing strategic planning initiatives: (Insert concerns) III. Relevant Facts and Assessment of Strengths and Weaknesses on a Standard-byStandard Basis in Support of the Team Accreditation Recommendation (Please list each standard for which a quality issue was identified in Section II of the original Peer Review Team Visit Report. For each listed standard, please provide a detailed analysis of how the issue has been, or has not been, addressed and the evidence supporting the team’s assessment.) IV. Summary of Review A. Deferral Review Team Members (State team member names and institutional or corporate affiliations.) B. Visit Schedule (If applicable - List the persons and activities included in the on-site review.) C. Materials Reviewed (List all documents and materials provided by the applicant and reviewed by the Deferral Review Team.) 2